14739, Friendship, NY

The 14739 zip code of Friendship, New York is located in the town of Friendship and has a population of approximately 2,000. The median household income in this zip code is $86,000 and the median home value is $220,000.

There has been a significant increase in home equity values over the past five years in this zip code. In 2012, the median home equity value was $160,000. This increased to $215,000 by 2016 and then to $240,000 by 2017. This indicates that there has been a significant increase in home values over this time period.

This increase in home values may be due to several factors including an increasing demand for housing stock and an improving economy. Additionally, low interest rates may have contributed to the rise in home values as borrowers are able to borrow more money to purchase homes than they were previously able to do.

Despite these positive trends, there are still some areas of concern with regards to the stability of home prices in this zip code. For example, although prices have increased significantly over the past few years there is still potential for them to decrease if market conditions change negatively. Additionally, although incomes have increased over this time period it is possible that those who are not able or willing to purchase a house will not be able to afford current prices given their income levels.